Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-05-Speech-4-157-375"
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"en.20120705.19.4-157-375"2
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"By adopting project bonds intended to create European infrastructure projects throughout the European Union, our institution has clearly expressed its wish to emerge from the crisis through relaunching the economy and investment in development, employment and infrastructure. It must be stressed that the project bonds adopted will not replace the public and private instruments currently available, but rather will add to these, thus constituting real added value for infrastructure projects. I also agree with the restrictions and criteria adopted to determine capital allocation, the maximum amount of projects that may be financed and the instruments used to choose the projects. The pilot phase of this new European financial instrument will be key to analysing its efficacy and, where applicable, making any necessary changes, with widespread application and more important economic implications in mind."@en1
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